By Robert Romano From the end of March through June, foreigners dumped $124 billion of U.S. treasuries after increasing assets for 15 months straight, according to data compiled by the U.S. Department of Treasury. In fact, these three months mark the largest drop in foreign holdings of treasuries on record, detailed monthly Treasury data going back to the year 2000 reveals. In 2000, foreigners […]

By William Warren

By Rick Manning The Grizzly Bear graces the California state flag, a perfect symbol of strength for the once golden state, since the fearsome bear is extinct within the state borders.  Fear not, the mighty grizzly thrives elsewhere just not in California. Over the past twenty years, […]

By Rick Manning Momentum against Obamacare continues to accelerate, but somehow House leadership seem to be the only ones who don’t get that defunding the law is the only chance to stop it from going into effect. In a just released “dear colleague” letter from House Majority […]

By Robert Romano Rick Perry may be on to something. In a June ad campaign that ran in New York, California, and Illinois , the Texas governor makes the case for businesses to check out Texas as a landing spot to escape the high taxes, regulations, and generally inflated cost of doing business of these blue states. “Why have more […]

By Rick Manning Katya Wachtel and Sam Forgione of Reuters wrote this in a recent investment recap piece, “Billionaire investor George Soros dumped 7.85 million shares of U.S. Airways Group Inc in the second quarter, a regulatory filing on Wednesday showed. “It was a timely move by the investor’s Soros Fund Management. […]

By Robert Romano “[W]e estimate that the second LSAP program, known as QE2, added about 0.13 percentage point to real GDP growth in late 2010 and 0.03 percentage point to inflation.” That was the San Francisco Federal Reserve’s take on the impact the central bank’s second round of quantitative easing , totaling $600 billion of U.S. treasuries purchases. At the time $600 billion comprised […]

By Robert Romano Since August 2007 when the financial crisis began, the U.S. Federal Reserve has increased its balance sheet more than 304 percent to $2.7 trillion, an unprecedented monetary expansion dubbed “quantitative easing.” In addition, it has lowered the Federal Funds Rate to near-zero levels to […]

By Robert Romano New legislation proposed by a bipartisan consortium in the U.S. Senate purports to bring an end to Government Sponsored Enterprises (GSEs) Fannie Mae and Freddie Mac, the two mortgage giants at the center of the financial meltdown that brought the global economy to its knees in 2008. The bill will wind down $5 trillion of […]

By ALG Staff Meet a 29 year old, unemployed LaJolla, California surfer dude who is one of 47 million Americans who are using the food stamp system.  His story and attitude as captured by Fox News cannot be adequately described, it has to be seen […]